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thinking of becoming a professional gambler

  • 25-08-2011 10:53am
    #1
    davek2011
    Closed Accounts Posts: 4 ✭


    I am thinking of becoming a professional gambler and am looking for advice from people who are professional gamblers.I am 24 and i focus mainly on soccer and golf at the moment and i back horses the odd time.If their is anyone out their that can help it would be greatly appreciated.


«13

Comments

  • #2
    UrbanSea
    Closed Accounts Posts: 18,335 ✭✭✭✭UrbanSea


    A fairly obvious but necessary question


    How profitable has your betting been?


  • #3
    longshotvalue
    Registered Users, Registered Users 2 Posts: 4,473 ✭✭✭longshotvalue


    If you have to ask any questions on a forum like this , you havnt done anywhere near enough research yet..


  • #4
    The_Kew_Tour
    Registered Users, Registered Users 2 Posts: 34,424 ✭✭✭✭The_Kew_Tour


    unless you know your stuff, you really should keep away from being professional..

    know a lad who is one and the man spends 14-15 hour days doing research etc...

    his focus is horse racing which is something I am not expert on really..

    think long and hard though before you do because you need to be exactly that "professional" if you want stand any chance of making a living...

    personally i stay away...


  • #5
    davek2011
    Closed Accounts Posts: 4 ✭davek2011


    I have been very profitable since i started to keep proper records but i have only being using small stakes until i can commit fulltime to gambling.


  • #6
    amacachi
    Closed Accounts Posts: 23,316 ✭✭✭✭amacachi


    What is "very profitable"?


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  • #7
    davek2011
    Closed Accounts Posts: 4 ✭davek2011


    The last four weeks i have profited over 1500 euro


  • #8
    ft9
    Registered Users, Registered Users 2 Posts: 4,408 ✭✭✭ft9


    davek2011 wrote: »
    The last four weeks i have profited over 1500 euro

    What about the previous 4 though?

    The last week Ive made about 2500, but I'm far from pro.

    Be lucky to make 25 next week


  • #9
    UrbanSea
    Closed Accounts Posts: 18,335 ✭✭✭✭UrbanSea


    And how small were the stakes to get this profit?


  • #10
    [Deleted User]
    Posts: 23,339 ✭✭✭✭ [Deleted User]


    I doubt anyone can be a professional punter from betting on Golf and Soccer and horse racing the odd time, in soccer there are two teams competing against each other, it's a 3 horse race (inc the draw), bookies don't price matches up wrong too often.

    Golf is a lottery imo, the players can't know how they'll play in advance of a tournament.

    To realistically consider it you'd want to be making €30,000ish per annum minimum, I wouldn't like to wake up every day knowing I needed to make money over the next few weeks to live. Grand in theory, in practise it's not too enticing me thinks.

    Also consider your CV and future prospects, should it go wrong you'll need to work again, be it self employed or a routine job, it won't look good on the Cv, gambling is frowned upon by many, having pro punter on your CV could have folks reckoning you are anything from a grade A f***tard to a Walter Mitty type dreamer to someone who may have a gambling issue that can't be trusted with cash etc.

    Keep gambling as you are and I reckon you'll reconsider your thoughts over time, I'd give it two years minimum to see can you consistently return what you have done recently :)


  • #11
    The_Kew_Tour
    Registered Users, Registered Users 2 Posts: 34,424 ✭✭✭✭The_Kew_Tour


    RoverJames wrote: »
    I doubt anyone can be a professional punter from betting on Golf and Soccer and horse racing the odd time, in soccer there are two teams competing against each other, it's a 3 horse race (inc the draw), bookies don't price matches up wrong too often.

    Golf is a lottery imo, the players can't know how they'll play in advance of a tournament.

    To realistically consider it you'd want to be making €30,000ish per annum minimum, I wouldn't like to wake up every day knowing I needed to make money over the next few weeks to live. Grand in theory, in practise it's not too enticing me thinks.

    Also consider your CV and future prospects, should it go wrong you'll need to work again, be it self employed or a routine job, it won't look good on the Cv, gambling is frowned upon by many, having pro punter on your CV could have folks reckoning you are anything from a grade A f***tard to a Walter Mitty type dreamer to someone who may have a gambling issue that can't be trusted with cash etc.

    Keep gambling as you are and I reckon you'll reconsider your thoughts over time, I'd give it two years minimum to see can you consistently return what you have done recently :)

    think you hit nail on head there..

    OP I think if you could make few bob for yourself yearly from gambling with a full time job outside gambling then that be fantastic, but I think you need to look down the road and all..

    I know one professional gambler well, but known few from when used work in bookies. The three that come to top my head one has left country and was told not to come back as he owed money, the second lost the keys of his house after turn of card(he was good but got greedy) and third gave up after he went on a bad streak trying recover from it too quick.

    Not trying to turn you away, but I think really long and hard before you do.

    It's your choice, but if in doubt dont go for it.


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  • #12
    restingpilgrim
    Closed Accounts Posts: 372 ✭✭restingpilgrim


    You say you made over 1500 euro . From this take out your living costs such as rent food electric etc, and this is with no social spending, and how much have you left. Now consider that if you are going to be a professional punter you need to make this much again to cover your bills every month. If You are only making enough to cover your bills then your bankroll is not growing to increase your future income from the larger bets that would arise from betting a percentage of your bankroll each time. If you hit a small run of losers you will be wiped out in less than a year because of the costs of living. Also you will have extra expense of dedicated channels to get every piece of information you need to get an informed view. The hours involved are often long maybe as much as 70 hours a week as stated above. Even if you make 1500 a month if you are working 70 hours a week you would be better off in MacDonalds as the rate of pay you would be making is less than the minimum wage.


  • #13
    heavyballs
    Closed Accounts Posts: 2,683 ✭✭✭heavyballs


    davek2011 wrote: »
    I am thinking of becoming a professional gambler and am looking for advice from people who are professional gamblers.I am 24 and i focus mainly on soccer and golf at the moment and i back horses the odd time.If their is anyone out their that can help it would be greatly appreciated.

    i have a friend who is a pro,has been for about 4 years,he's making a living out of it,a good living but it rules his life
    he's on the phone or in the pc the whole time,unless you have really good info and a really big pot to start off with i'd steer clear
    my mate backs soccer, gaa and most u.s sports,no horse racing at all


  • #14
    heavyballs
    Closed Accounts Posts: 2,683 ✭✭✭heavyballs


    davek2011 wrote: »
    I have been very profitable since i started to keep proper records but i have only being using small stakes until i can commit fulltime to gambling.

    small stakes??????? 1500 profit in 4 weeks ........me smells something

    what is 'small stakes' to you?


  • #15
    argosy2006
    Banned (with Prison Access) Posts: 4,210 ✭✭✭argosy2006


    Everyones lucky at the start, reels you in ,then spits you out ,
    then kicks you in the balls and punches you in the nose,
    :P


  • #16
    heavyballs
    Closed Accounts Posts: 2,683 ✭✭✭heavyballs


    argosy2006 wrote: »
    Everyones lucky at the start, reels you in ,then spits you out ,
    then kicks you in the balls and punches you in the nose,
    :P

    sound a bit like the wife:D


  • #17
    zimmermania
    Registered Users, Registered Users 2 Posts: 4,723 ✭✭✭zimmermania


    davek2011 wrote: »
    I am thinking of becoming a professional gambler and am looking for advice from people who are professional gamblers.I am 24 and i focus mainly on soccer and golf at the moment and i back horses the odd time.If their is anyone out their that can help it would be greatly appreciated.
    Keep doing what you are doing and if you continue to win, gradually increase your stakes i dont know what you are punting on but if you are serious have a look again after a year or so.It is difficult to see how anyone could make a living without specialising in one or two areas where ones knowledge may give one an edge,particularly on betfair.Whether you can become a pro or not will be determined by the state of your finances a year from now and you wont require any advice from forums like this.


  • #18
    lamoss
    Registered Users, Registered Users 2 Posts: 408 ✭✭lamoss


    The world of a pro gambler looks good and seems easy but it is neither.
    The amount of time you have to put in picking your selections is one thing but trying to get them on is another.

    You need to know your sport, the form that wins for you this week wont win for you next week ,things are consistently changing you have to be 1 jump ahead of that.

    If you bet on-line and you start to win a bit your account will be limited then you will have to go to bet fair ...........Its a long hard road you will be on that computer day and night. If you live in a small town and do your bets in your local bookies you will get banned or set limits of low stakes only. All you can do there is "away day" and that is to get a train or drive to your biggest town in the area and place your bets around several bookies at smaller stakes and hope you dont get reconised in the future.

    I suggest you read a couple of books on pro-gambling , The one by Dave Nevison springs to mind .

    If I was a pro gambler I would not come on any internet site and give away my secrets as everyone would be doing the same bets in the same markets and driving down my gambling odds.:rolleyes:


  • #19
    ft9
    Registered Users, Registered Users 2 Posts: 4,408 ✭✭✭ft9


    Anyone can do it.

    Just keep an eye on the Football Tips thread.

    Simples!


  • #20
    heavyballs
    Closed Accounts Posts: 2,683 ✭✭✭heavyballs


    ft9 wrote: »
    Anyone can do it.

    Just keep an eye on the Football Tips thread.

    Simples!

    ballocks mate,


  • #21
    lamoss
    Registered Users, Registered Users 2 Posts: 408 ✭✭lamoss


    you were one of the lucky ones who got paid out

    what about the ones who on only got € 20 free bet ?


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  • #22
    ft9
    Registered Users, Registered Users 2 Posts: 4,408 ✭✭✭ft9


    lamoss wrote: »
    you were one of the lucky ones who got paid out

    what about the ones who on only got € 20 free bet ?

    I'm not sure what you want me to do/say?

    I made a donation to charity on behalf of Buckfasterer, who tipped us off.


  • #23
    lamoss
    Registered Users, Registered Users 2 Posts: 408 ✭✭lamoss


    I can see where you are coming from ft. If iwas logged onto the football tips thread at the time I would have had some of the action myself.
    P/P are using the divide and conqure techniques to undermine punter against punter. They like to portray the fat jolly boy image whos out for a bit of fun but in reallity they are just ruthless ba*tards who like to take people to the cleaners. Fair play to you for your donation to charity on behalf of Buckfasterer.


  • #24
    JONJO THE MISER
    Banned (with Prison Access) Posts: 12,333 ✭✭✭✭JONJO THE MISER


    you better shape up.


  • #25
    realdanbreen
    Registered Users, Registered Users 2 Posts: 8,215 ✭✭✭realdanbreen


    davek2011 wrote: »
    I am thinking of becoming a professional gambler and am looking for advice from people who are professional gamblers.I am 24 and i focus mainly on soccer and golf at the moment and i back horses the odd time.If their is anyone out their that can help it would be greatly appreciated.

    Do you have a regular job at present?
    How many hours a day/week can you devote to this new venture?
    If you are going to bet online,have you the extremely strong will/discipline you will need?
    Do you have a reasonably sized network of people you can trust to get money on at a number of bookies if the need arises?
    Have you a float big enough to tide you over for a 9 month period if necessary?


  • #26
    Healio
    Registered Users, Registered Users 2 Posts: 2,825 ✭✭✭Healio


    1500 over four weeks is only 375 a week without overheads (computer, racing post, petrol for driving to next town for bets etc.)

    I would need to be making at least the same; even a good bit more than my current wage to ever consider it.


  • #27
    pakalasa
    Closed Accounts Posts: 4,552 ✭✭✭pakalasa


    To become a good gamble you will need a firm grasp of the maths involved. You will then be able to work out the true probability of each event and therefore the odds. The irony of this of course is that if you can do this, then you probably also understand the Theory Of Large Numbers which more or les states that the more you gamble, the more you loose. Law of averages, I'm afraid.
    The only ones that win at gambling, I believe have some stake in the event itself, like they own the horses involved. Can think of a few.:D
    Don't be a fool man!
    To say you can win a grand a week, is nonsense. It's a % return, so the more you win, the more you can bet. The whole thing accumulates. If you can get even a 10% return, you will be a millionaire in no time.


  • #28
    restingpilgrim
    Closed Accounts Posts: 372 ✭✭restingpilgrim


    Most top pro's would get nowhere near 5% let alone 10. If you read the article in the post on Alex Bird he was working to around 1.8 - 2.0 % on a 2 million turnover. He also had unbelievable contacts in racing.


  • #29
    CiaranC
    Closed Accounts Posts: 6,300 ✭✭✭CiaranC


    pakalasa wrote: »
    The irony of this of course is that if you can do this, then you probably also understand the Theory Of Large Numbers which more or les states that the more you gamble, the more you loose. Law of averages, I'm afraid.
    Exactly. The more you understand about the mathematics involved, the less likely you are to believe its possible to make a living from it. Its incredibly difficult for limited reward.

    Besides if you have the vast intelligence, ability and discipline required to be a succesful pro gambler, you could employ that experience in a far more lucrative manner elsewhere. In fact, you almost certainly already have.

    In short, a mugs game.


  • #30
    beeintheknow
    Registered Users Posts: 220 ✭✭beeintheknow


    I am a pro punter myself. I focus mainly on the all weather, and I suspect that I am the biggest all weather pro in the UK today, not the world though, I'm no Saul!

    My advice to you would be to try and find the value. The bigger a price you can back winners at, you will find that you make more money in the long and even short term.

    Try to avoid laying winners at big prices. This is the road to the poorhouse.

    People will tell you odds on can never be a good bet. They are probably right. Focus on the big prices and get big payouts. However odds on can be a good price if you are doing a double or treble.

    Best of luck. PM me if you require any more advice.


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  • #31
    bryaner
    Registered Users, Registered Users 2 Posts: 3,181 ✭✭✭bryaner


    A lot of research, a lot of time, a lot of knowledge and knowing your limits.


  • #32
    Backstreet Moyes
    Registered Users, Registered Users 2 Posts: 8,974 ✭✭✭Backstreet Moyes


    Look you really have to think this decision through. Its not exactly the same thing but when i was in college i played poker alot and done well. When i qualified i decided to give being a pro a shot. I had it all planned out but circustances had changed and i was more reliant on winning than before. I was so sure about everything but i hit a bad streak and it showed me im not capable of being a pro gambler. Im not mentally strong enough. It caused me to get too involved and spend less time socialising and when i was out i would be in a bad mood from having a bad day etc and not the company people want. Of course it wasnt always bad. I was not losing but i was not making enough to be comfortable on. I cant stress enough you have to be sure your able for it. Mentality is the most important thing in my mind. Can you handle the swings. I dont really think you can know if your able for it i thought i was. Imo you need a good bit of money in the bank before you start just incase things dont work out. You could start off well and be successful. But you could also start poorly and doubt yourself and this is where you need a good bit of money to have behind you. Not trying to make the post about myself just through my experience of gambling you need to be able to answer the questions below honestly before you are ready. Their are more aspects im sure but im in a rush and dont have time to look back through it so i apolagise for the grammar. Best of luck if you do decide to do it and of course PM me if you get good info;)



    Do you have a bankroll to support youself if you get off to a bad start?
    Do you have the mentality to overcome bad luck e.g. if you keep getting close to a docket up and let down at the last. Will this affect you badly with your decision making.?
    Will you get depressed?
    Make stupid bets chasing?
    Getting in a bad mood being narky to your friends and family. Becoming obsessed and not spending alot of time socialising?
    Can you afford a losing streak? They do happen.


  • #33
    mark renton
    Closed Accounts Posts: 2,696 ✭✭✭mark renton


    beeintheknow wrote: »
    I am a pro punter myself. I focus mainly on the all weather, and I suspect that I am the biggest all weather pro in the UK today, not the world though, I'm no Saul!

    My advice to you would be to try and find the value. The bigger a price you can back winners at, you will find that you make more money in the long and even short term.

    Try to avoid laying winners at big prices. This is the road to the poorhouse.

    People will tell you odds on can never be a good bet. They are probably right. Focus on the big prices and get big payouts. However odds on can be a good price if you are doing a double or treble.

    Best of luck. PM me if you require any more advice.

    this post is so wrong its not even funny...


  • #34
    ft9
    Registered Users, Registered Users 2 Posts: 4,408 ✭✭✭ft9


    beeintheknow wrote: »
    I am a pro punter myself. I focus mainly on the all weather, and I suspect that I am the biggest all weather pro in the UK today, not the world though, I'm no Saul!

    My advice to you would be to try and find the value. The bigger a price you can back winners at, you will find that you make more money in the long and even short term.

    Try to avoid laying winners at big prices. This is the road to the poorhouse.

    People will tell you odds on can never be a good bet. They are probably right. Focus on the big prices and get big payouts. However odds on can be a good price if you are doing a double or treble.

    Best of luck. PM me if you require any more advice.

    A bookies dream


  • #35
    Healio
    Registered Users, Registered Users 2 Posts: 2,825 ✭✭✭Healio


    beeintheknow wrote: »
    I am a pro punter myself. I focus mainly on the all weather, and I suspect that I am the biggest all weather pro in the UK today, not the world though, I'm no Saul!

    My advice to you would be to try and find the value. The bigger a price you can back winners at, you will find that you make more money in the long and even short term.

    Try to avoid laying winners at big prices. This is the road to the poorhouse.

    People will tell you odds on can never be a good bet. They are probably right. Focus on the big prices and get big payouts. However odds on can be a good price if you are doing a double or treble.

    Best of luck. PM me if you require any more advice.

    Persil couldnt clean my boxers after ****tin myself laughing at this; tell me you have a newsletter.


  • #36
    Dailynaps
    Closed Accounts Posts: 184 ✭✭Dailynaps


    beeintheknow wrote: »
    I am a pro punter myself. I focus mainly on the all weather, and I suspect that I am the biggest all weather pro in the UK today, not the world though, I'm no Saul!

    My advice to you would be to try and find the value. The bigger a price you can back winners at, you will find that you make more money in the long and even short term.

    Try to avoid laying winners at big prices. This is the road to the poorhouse.

    People will tell you odds on can never be a good bet. They are probably right. Focus on the big prices and get big payouts. However odds on can be a good price if you are doing a double or treble.

    Best of luck. PM me if you require any more advice.
    http://www.boards.ie/vbulletin/showpost.php?p=72779027&postcount=1 :pac:


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  • #37
    pakalasa
    Closed Accounts Posts: 4,552 ✭✭✭pakalasa


    Dailynaps wrote: »
    http://www.boards.ie/vbulletin/showpost.php?p=72779027&postcount=1 :pac:

    Now that's a real gambler !!!:D :D:D

    grin753l.jpg


  • #38
    lamoss
    Registered Users, Registered Users 2 Posts: 408 ✭✭lamoss


    To be a pro gambler you need to have a analytical mind at working out odds etc. No going on line or using an app, you need to have the mental ability to
    work out odds as you go along. You cant rely on just picking up the mornings Indo or star and pick out the naps of the day. Dont forget most of these "tipsters" have a staff job earning a nice salary and dont really give a s*it as they hope to work their way up in the paper looking for a nice cushy job. ;)

    The real pros lie low going about their work quietly, they don,t want attention drawn upon them, If they are making a good living they keep it to themselves..........If you hit a winning formula after many years of hard work , would you let everyone know ? The f*ck you would :D


  • #39
    UrbanSea
    Closed Accounts Posts: 18,335 ✭✭✭✭UrbanSea


    Dailynaps wrote: »
    http://www.boards.ie/vbulletin/showpost.php?p=72779027&postcount=1 :pac:

    He was a pure troll. Take nothing he said seriously


  • #40
    pakalasa
    Closed Accounts Posts: 4,552 ✭✭✭pakalasa


    One thing for sure, it's all about Value. Spotting value, now that's another thing.


  • #41
    orourkeda
    Closed Accounts Posts: 17,918 ✭✭✭✭orourkeda


    You'd probably need 6-12 months bills money up front separate from your gambling stash. Just in case things donlt work out in the short term


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  • #42
    beeintheknow
    Registered Users Posts: 220 ✭✭beeintheknow


    Sure what's so wrong with what I said? Perhaps the odds on stuff is a little iffy, I'll admit that. I'm making it pay so who are you all to judge me?

    As for that earlier post that someone dragged up, I've turned things around since then. That was a lowpoint but I've built up a decent bank since.

    Plenty of jealousy here.


  • #43
    ArmaniJeanss
    Registered Users, Registered Users 2 Posts: 13,508 ✭✭✭✭ArmaniJeanss


    davek2011 wrote: »
    I am thinking of becoming a professional gambler and am looking for advice from people who are professional gamblers.I am 24 and i focus mainly on soccer and golf at the moment and i back horses the odd time.If their is anyone out their that can help it would be greatly appreciated.

    I'd suggest the only way to do it in soccer would be to specialize in something absolutely obscure.

    Palpable errors aside, the bookies never ever make a mistake pricing up a Premier League game and team selection or player injury information comes into the public domain so quickly that there is little chance of being able to use it. And the squads are so deep that even an injury to the best player is unlikely to change the odds of a game.

    However if you specialize in something like Scottish Division 2 and 3, get to know all the players, join all the club fora to get the latest news/gossip then its probably possible to be ahead of the bookies and to spot value and or ricks. Star goalkeeper Duncan McFaddish being out injured is not going to make Sky Sports News, but it may mean that some 15yo old youth trainee is going between the sticks instead, and suddenly that 4/1 about the opposition is a steal.


  • #44
    Dailynaps
    Closed Accounts Posts: 184 ✭✭Dailynaps


    beeintheknow wrote: »
    Sure what's so wrong with what I said?
    Simply enough, you're not "the biggest all weather pro in the UK today."


    Advice to OP - keep a record of your bets, if you have >10% ROI after say 150 bets, go for it! Start slowly and don't bet more than 5% of your bank but don't be afraid to put all you have into it. GL


  • #45
    ft9
    Registered Users, Registered Users 2 Posts: 4,408 ✭✭✭ft9


    beeintheknow wrote: »
    Sure what's so wrong with what I said? Perhaps the odds on stuff is a little iffy, I'll admit that. I'm making it pay so who are you all to judge me?

    As for that earlier post that someone dragged up, I've turned things around since then. That was a lowpoint but I've built up a decent bank since.

    Plenty of jealousy here.

    What can I say?

    I'm a jealous kinda guy


  • #46
    AstonMartin
    Registered Users, Registered Users 2 Posts: 1,313 ✭✭✭AstonMartin


    How would your daily routine change?

    Its only a title.


  • #47
    beeintheknow
    Registered Users Posts: 220 ✭✭beeintheknow


    The green eyed monster has consumed you all. I am, to the best of my knowledge, the biggest all weather pro in the UK today, certainly since my mate Will relocated to Australia. Can anyone name a bigger aw pro?


  • #48
    AstonMartin
    Registered Users, Registered Users 2 Posts: 1,313 ✭✭✭AstonMartin


    beeintheknow wrote: »
    The green eyed monster has consumed you all. I am, to the best of my knowledge, the biggest all weather pro in the UK today, certainly since my mate Will relocated to Australia. Can anyone name a bigger aw pro?


    what makes you think you are the best AW punter? Anybody who is that good could not care less what people on an internet forum thinks.

    How about you post a few selections with a staking plan and reasons/estimated edge and we can see how good you are.


  • #49
    beeintheknow
    Registered Users Posts: 220 ✭✭beeintheknow


    AstonMartin wrote: »
    what makes you think you are the best AW punter? Anybody who is that good could not care less what people on an internet forum thinks.

    How about you post a few selections with a staking plan and reasons/estimated edge and we can see how good you are.

    I know I am the biggest (not necessarily the best) based on meeting I have had with various peeps who are in the know. Will Barroman was the biggest but he moved backed to Oz. I was second to Will in terms of turnover. As such I am now the biggest player on the aw in the UK, possibly Europe, definitely not the world.


  • #50
    Dr.Silly
    Closed Accounts Posts: 1,759 ✭✭✭Dr.Silly


    beeintheknow wrote: »
    Sure what's so wrong with what I said? Perhaps the odds on stuff is a little iffy, I'll admit that. I'm making it pay so who are you all to judge me?

    As for that earlier post that someone dragged up, I've turned things around since then. That was a lowpoint but I've built up a decent bank since.

    Plenty of jealousy here.

    A lowpoint ? That was posted in June 2011.
    If you're a pro gambler, you should know that swings can occur for months and months on end ...
    June till now is is like only 3 months !!!!!!!!!!!!!!!!!!!!!!


  • #51
    beeintheknow
    Registered Users Posts: 220 ✭✭beeintheknow


    Dr.Silly wrote: »
    A lowpoint ? That was posted in June 2011.
    If you're a pro gambler, you should know that swings can occur for months and months on end ...
    June till now is is like only 3 months !!!!!!!!!!!!!!!!!!!!!!

    I made significant gains playing multitraps in Hall Green later that day and have not looked back since.


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